Bloomberg — shipowners offer six months' extra pay to sail Hormuz

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Bloomberg — shipowners offer six months' extra pay to sail Hormuz

· Bloomberg Markets

Source: View source · Bloomberg Markets · web

Why it's worth your time

The war-risk premium made concrete: crews are being offered six months' additional pay for one transit of the strait. Physical-labor pricing is a harder tell than paper freight rates — supply risk is being priced at the deck level while crude sits under the $130 trigger line.

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